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that america does have a debt and deficit problem and we need to take it very seriously. the fact is, the vast majority of our debt problems relate to the costs of health care in america. now that the debate over obama care is over, we should start thinking about how to get america's health care costs under control. as it turns out, two new works, a book and a magazine cover story provide some very useful ways to think about it. the central debate between democrats and republicans is over whether the free market works well in health care. in a new book, catastrophic care, david goldhill makes the case for the market arguing that people need to become consumers of health care so that they, not insurance companies, not the government, actually see, feel and pay the bills. that will force producers of health care, doctors and hospitals, to push down prices and drive up quality. that's what happens with groceries and television sets and computers. lasiks surgery which is not covered by health insurance, has seen a 90% drop in price and increase in quality since it was introduced in the 1990s. that
a debt and deficit problem and we need to take it very seriously. the fact is that the vast majority of our problem is related to the cost of health care in america. now the debate over obama care is over, we should start to think seriously of how to get america's health care costs under control. as it turns out a book and magazine story provide ways to think of this. the central debate between republicans and democrats is over whether the free market works well in health care. in a new book catastrophic care, they make the case arguing people need ito become consumers of health care so they, not insurance companies or the government, actually see, feel and pay the bill. that will force producers of health care, doctors and hospitals to push down prices and drive up quality. that's what happens with groceries, tv sets or computers. and basic surgery has seen a 90% drop in price and increase in quality since it was introduced in the '90s. that's what happens when consumers pay for a product. steven makes the opposite case in a recover story in "time" magazine. he painstakingly went th
on the economy and creating jobs and building stable middle class than they are on cutting the deficit. yeah, the deficit is an issue. it's not the number one issue. >> why, boehner do that? we don't have an immediate debt crisis. you would see that in the market, right? so baner er isboehner is sayin. it is against what he's been saying which is the debt is a problem. why did he do that? >> he said we need to address it over the long term. that means taking steps now. but here's the thing, he is actually opening the possibility that republicans move to more favorable ground because right now the problem is that republicans are emphasizing have been emphasizing root canal economics, only fiscal austerity rather than a more positive agenda. by conceding the point that we don't have an immediate debt crisis, then can you raise some questions. so for example, senator patty murray said let's get rid of the loopholes and deductions. now republicans say, sure, let's do that. instead of sending money to washington, let's make the child tax credit bigger. let's offer middle class tax relief. let's
, but ultimately if there's any chance at dealing with the debt and deficit, these two, very different philosophies and visions. >> early april, the president comes up with his budget recommendation. a lot of people are hoping all of this will eventually result in the grand bargain, a real deal looking down the road, everyone on board basically. a deal that would avoid, for example, having to worry about raising the debt ceiling end of july, early august. is that at all doable? >> it is possible. i wouldn't go as far as saying doable now. but what i will say, the difference in approach now versus say two years ago when they tried this and it failed and it was, you know, almost the end of the world as the u.s. bumped up against the debt ceiling, the difference is they are going through what we call in washington regular order. everything is done in the open. i think that has lead to a different atmosphere on capitol hill where people know what's going on, they're voting on measures, and they're not waiting to see the white smoke from the white house when the president and house speaker and others ar
and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both right. i mean, they have offered spending cuts. the taxes did go up. it still hasn't made enough of a dent. you still have to sit down and do something. >> right. i think we're doing our budget this year. actually we're doing it this week here in the house. our budget will balance in ten years. we're going to pass our budget. hopefully the senate will pass their budget. except their budget never comes to balance. the president's budget never comes to balance. you can't continue to spend money as far as the eye can see that you don't have. and that's what they're continuing to propose, along with higher taxes on the american people. >> but the political reality is, no budget deal can probably happen, not one that will seriously address the deficit without
, erasing a 27-point third quarter deficit to beat lebron's old team, cleveland cavaliers, 98-95. james had a triple-double, 28 points, 12 rebounds, 10 assists. the heat now within nine games of the nba record for consecutive wins set by the 1971-72 los angeles lakers who won 33 in a row. what are the chances, berman, that it happens? >> you can't keep falling behind by 27 points and expect to win nine games more in a row. >> they do that on purpose is my theory. but your theory is that -- >> they've gotten so used to winning any way they want, they sort of -- >> no big deal? >> -- they play casually the first three quarters and then they turn it on. i suspect it may catch up with them. >> i suspect you're right. >> thanks, zoraida. >>> we're awaiting a live news conference with president obama and palestinian president mahmoud abbas. we'll bring it to you right when it happens. this as there are no reports this morning that abbas may be ready to make a key concession. say path to a two-state exclusion on the horizon? >>> what's going on with jay leno? rumors that say pretty soon before he
taxes, it would curb spending by repealing obama care and eliminate the deficit in ten years. $4.6 trillion in cuts. zero chance of passing in the democratic-controlled senate, it's dead on arrival. >> lawmakers in the house and senate approved legislation to fund the government through the end of september. that avoids the risk of a partial federal shutdown. in the process, they are on spring break for a couple weeks. what's your take on this? >> my take is the whole financial dysfunction of our congress is mind blow iing. you look at this week. let's say frederick, maryland, where there's air traffic control that will be shut. a tower that was built by the stimulus money. so stimulus money went into this tower. the government saying it's a priority. and the the government because of its dysfunction saying we have to shut is down. that's a perfect representation, i think, of how washington is not doing its job. we can't even pass a budget. it can't even run the books. there's no strategy. when you look at some of the spending cuts, you see a lack of a strategy in american financ
it has no choice, its schools are running a deficit of a billion dollars, that's just the schools. so, it plans to close 50. largest single school closure in recent memory anywhere. needless to say, a lot of folks in chicago aren't happy about this, right? >> you know this story, don. you grew up in chicago, you covered school issues. it's a big deal, very divisive story in the sense that there are a lot of people who are worried this is going to hit mostly african-american communities. the city's south side. we haven't seen the list yet. the list is supposed to come out today at 5:30. look, a lot of people are anticipating this list, they think it's going to hit the south side hard. >> they were saying possibly in the beginning of the school year they were saying they were going to close 80 to 100 schools and they may have gotten off easy this time because it's only 50 schools, but this is the single largest school closure in one year ever recorded. >> we're talking about again the third largest public school system in the country. >> you talked about the south side. south and west s
again, not surprising, the parties split over taxes, spending cuts, and the deficit. house republicans and democrats from the house are now trying to make their case. >> the republican budget, the same baby with a new dip somewhere there is diaper will have be changed once again. reality is, this budget is very little difference between this budget and the ryan republican budgets of the past. >> you want more tax and spend or you want a future that balances. the question is always why, one or the other. the democrats' tax and spend, you get the same economy that you've had right now. you're going to lose more of your paycheck which every person working today has. >> all right. so another thing happening at the white house here. the easter egg roll might be spared from this government gridlock. all this started when ticket holders to the annual event were told it could be cancelled if lawmakers cannot agree on a plan to prevent the government from shutting down. this year's easter egg roll set for april 1st. looks like it's going forward as planned. we know it's a fun event. a lot of pe
unemployed, 42 out of 50 states are facing a budget deficit. and to be honest there is very little leadership coming out of washington. so i think what i tried to do is raise these issues with civility, whether you're republican or democrat, we're all americans. and i think we deserve more. we deserve better. and washington really needs to help us create the kind of leadership and decision making by putting their feet in the shoes of every day americans. that's not what's going on. >> you recently were speaking at the national retail federation and you said that the lack of leadership in washington, i just want to quote you, because i thought it was beautifully said, is sapping the life blood, the soul and the confidence of our country as the world witnessed a lack of leadership in the united states. is that message ever going to get through? a are we reaching a point where you say i grew up poor, i became wealthy, i was able to start a company and it's not going to be able to happen to people in the next generation? >> i think you're bringing up very important question that, you know, let's
as the chicago public school system faces a reported billion dollar deficit. alderman willie cochran's ward, constituents have been calling all day. >> some cases we are happy, in some cases we are not so happy. >> reporter: on the plus side, the district says the savings will allow major investments in surviving schools including adding 70 libraries, science labs, even air conditioning. for many it's not what's gained but what's lost and where. neighborhood schools in some of chicago's poorest communities. the decisions were based on low enrollment but others say race made a role. an outraged carrie austin, an alderman, told "the chicago tribune," quote, every time the whites go to screaming and hollering, they back off and steam roll over black and brown folks. not this time. and she's not the only one who believes that. you think it's the black communities that often are asked to sacrifice first? >> in this case, yes, i do. yes, i do. >> reporter: this is 70th street in the heart of the city's south side and this is the local elementary school. parents are proud of it. the sign up there
president obama and republicans reach a long-term agreement on reducing the deficit? >> the answer, different depending on which republican you ask. house speaker john boehner doesn't sound very hopeful. he's standing firm against the idea of increasing tax rates, increasing tax revenue. >> the president believes that we have to have more taxes from the american people. we're not going to get very far. if the president doesn't believe that the goal ought to be to balance the budget over the next ten years, i'm not sure we're going to get very far. and this is the whole issue. we have a spending problem here in washington, and it's time to solve the problem. >> we're hearing different things coming from various republicans, including senator bob corker. he's a republican of tennessee. he says he's optimistic about the possibility of what's called a grand bargain, and he's open to the idea of raising tax revenues to cut the deal under certain circumstances. senator corker's joining us now from capitol hill. senator, thanks very much for coming in. >> good to be with you, wolf, thank
. >> the mayor has to do something. they've got a $1 billion budget deficit. so he has to do something. but the problem is, what does he do? at the beginning of the school year, some people are saying they got off easy with just 50 schools, carol. at the beginning of the school year, they said they were going to close potentially 80 to 120 schools. so it's causing issues. there's no money. also, racial issues in the city, because black alderman are saying, we got you elected and now you are closing most of these schools in black neighborhoods on the south and west sides of chicago. and you didn't listen to us. there was no consensus about which areas and which schools should be closed. so it's causing some big issues, beyond money. >> i would suspect that parents are concerned about their children's safety, too. because these children now have to be transported farther to school. they can't go in their own neighborhoods. >> and besides the issue that we have with guns, we can talk about. but, yes, safety, just outside of that issue, where are the resources going to go? which schools? i
costs as the school system faces a reported $1 billion deficit. ward constituents have been calling all day. >> some cases we're happy, some not so happy. >> reporter: on the plus side, the savings will allow major investments in surviving schools including adding 70 libraries, science labs and even air-conditioning. for many it's not what's gained but what's lost and where. neighborhood schools in some of chicago's poorest communities. school officials say it was based on low enrollments, but others say race played a role. an alderman told the "chicago tribune," every time the whites get to scheming and hollering, they back off and steam roll. not this time. she's
the rate. we say, let's take some of that revenue to help reduce the deficit, combined with other targeted cuts. >> be more specific for me. when you talk about tax loopholes and the very wealthy. which specific loopholes and what is very wealthy? >> sure, sure, these are, when you're in the highest tax bracket, you're in the 39% tax bracket when you get a deduction, whatever it may be for, you get 39 cents worth of deduction. whereas somebody who is in the 28% tax bracket only gets 28 cents deduction for that particular deduction. so what we're saying and this is similar to a proposal the president's put forward, is that for folks who are in that very high bracket, the 39% bracket, the value of your deductions will be limited to about 28% which is what the value of deductions is for a middle income taxpayer. >> so ultimately, the budget that you have there and i just read the little chunk of it, you have more revenue increases than cuts, right? >> within, within this particular budget, but if you look, soledad, at the two-year period of reduction we've been engaged in, which is -- include
to the president to prevent default. i have to tell you, wolf. we can't keep running up deficits like this. it will damage our economy deeply and people are saying that we don't have a crisis on the horizon. of course we do. we've got a debt that is on a tear right now. if the debt takes off like it's projected to do, it's not only hurting our economy today but destroying it for the next generation. we just can't sit around and be complicit with that. that means we have to do something about it. >> let me get your thoughts on a couple sensitive issues coming before congress. immigration reform. do you support a pathway to citizenship for the 11 or 12 million illegal immigrants in the united states? >> well, i think we can get the comprehensive immigration reform. i support reform. i supported the bush reforms in 2005 and 2006. i think we can find a way of making sure that people here with an undocumented status have an ability to adjust that status. we're not going to be able to deport 12 million people. and there is a way to do this without rewarding them for breaking the line or breaking
, thankfully. >>> facing a $1 billion deficit, chicago public school system is making some really big changes. ceo barbara byrd bennett says the district's underutilized skols will be closed. they have not said how many schools are expected to close but opponents say they unfairly target minorities. >>> 24 and counting for the miami heat. but it was not easy. it hasn't been easy the last few games. lebron james and company came back from 27 points down in the third. >> can you believe that? >> beat his old team, the cleveland cavaliers 98-95. a triple-double. 12 boards, 10 assists. the heat are now within nine games of the nba record for consecutive wins held by the '71-'72 los angeles lakers. >> do you think they'll do it? >> no. they almost blew it against the celtics, almost blew it against the cavs. they are the best team i've seen in years. i don't think they should ever lose necessarily but that's a lot of games to win in a row. >> i can't believe they were down that much and came back. >> i can't believe you can do that every night. >> i think they're doing it on purpose. >>> recovered
in the leadership, which is the deficit of trust between the two sides. but pulling back, they picture, wolf, many israeli critics of the president have said too often he lectures israelis and doesn't seem to understand israel. tonight those critics, man of them, are saying he now feels he has conveyed that he does understand israel in a deep personal way, wolf. >> jessica yellin traveling with the president in jerusalem getting ready to head over to jordan with him tomorrow. jessica, thanks. >>> we're getting new information about claims that syria has used chemical weapons. our pentagon correspondent, barbara starr, has the very early results of the u.s. investigation. what is this, barbara? what are we hearing? >> brianna, as you said, the u.s. intelligence community has been working on this problem around the clock. did the syrian regime use chemical weapons. we do now have some initial results of that investigation. with video of syrians suffering from convulsions and breathing problems, and accusations of chemical weapons attacks, u.s. intelligence agencies have scrambled to determine if the
, nor sleet senator snow nor deficit. no word this morning, saturday mail delivery is back on. >>> and 911 shocker. >> can you tell can you tell me by tapping on the phone once that do not open the door. >> 911, where is your image? >> the frightening moments and amazing end. live on the cnn newsroom. >>> good morning, thank you for joining us. i'm carol costello. three people dead at the marine base in quantico. the base is in lockdown, law enforcement surrounded the building. >> the shooter, an active duty marine, was pronounced dead of an apparent self-inflicted gunshot wound by law enforcement at the scene. two other victims, a male and female, both active duty marines, were pronounced dead at the scene. the three marines involved in this incident, all permanent personnel assigned to officer candidate school. all of the candidates in the school are accounted for and safe. >> the base is used mostly for training and it's known as crossroads of the marine corps. we will have a live report at the bottom hour. >>> also following a truly horrifying story from georgia's southern
for this in more ways than one. you think about the deficit, the government doesn't have this kind of cash and people are concerned this isn't necessarily the best use of taxpayer money. in the video, you saw a second ago, people are dressed up as crew members on a starship enterprise, and the government employee version of characters claiming they will boldly go where no government employees have ever gone before. it is funny. but i watched the videos with my producer and we were trying to to figure out the training value and people have similar questions. >> i have been since corrected and am about to burst into a fit of giggles and i inappropriately said it is "gilligan's island," not whatever i said. what is the irs saying about this in. >> they came up with this statement saying it is -- i'm quoting now, no mistaking this video does not reflect the best stewardship of resources, and that video of this type will not be made today. so the irs does say training gener videos in general are cheaper. that would involve some travel. >> okay. zain asher, thank you. >>> honeymoons, they are th
Search Results 0 to 24 of about 25 (some duplicates have been removed)

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